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CHARLESTON PORT OVERVIEW

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INCENTIVES

INCENTIVES

CHARLESTON IS ONE OF THE FASTEST GROWING PORTS IN NORTH AMERICA. WITH THE DEEPEST HARBOR IN THE SOUTHEAST, CHARLESTON CAN HANDLE FULLY-LOADED POST-PANAMAX VESSELS AT ALL POINTS OF TIDE.

Quick Facts

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• SC Ports Authority owns and operates ports in Charleston, and inland ports in Greer and Dillon, SC.

• Top 10 U.S. container port and fastest-growing over the last 10 years.

• Volume doubled over the last 10 years due to growth in advanced manufacturing and distribution.

• Strategic focus on advanced distribution for retail and e-commerce.

• Hugh Leatherman Terminal Phase 1 opened. $2.4MM TEU capacity at full buildout.

• Charleston Harbor will be 52’, the deepest on the Southeast coast.

• SC Port Tax Credit - up to $100 per TEU for new business.

• South Carolina Ports Authority offers flexibility for expedited Foreign Trade Zone designation.

User Demand Forecast

THE SC PORTS AUTHORITY IS NEARLY DOUBLING THE CAPACITY OF THE PORT OF CHARLESTON. IN 10 YEARS, THE ANNUAL IMPORT CONTAINER VOLUME IS EXPECTED TO INCREASE BY 175% OVER CURRENT LEVELS. AS A RESULT, THE ADDITIONAL DEMAND FOR INDUSTRIAL WAREHOUSE/ DISTRIBUTION SPACE IS FORECAST TO REQUIRE AN ADDITIONAL 34M SF SPACE OVER THE TEN-YEAR PERIOD (3.4M SF PER YEAR).

SUPERIOR LOCATION IN THE SOUTHEAST WITH APPROXIMATELY 1/3 OF THE POPULATION RESIDING WITHIN A 500 MILE RADIUS

500 mile population: 72,000,000

Accessible To Ports

Accessible To Key Markets

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